The Gold to Silver Ratio
The gold to silver ratio currently stands at 88.33 to 1 ($1515 gold by $17.15) as of August 14th 2019.
In the past 10 years its hovered from 60 to 80 with a spike to mid 30s when silver hit $50 in 2011.
Going back further in time and at history... "in Roman times, the price ratio was set at 12 to 1. In 1792, the gold/silver price ratio was fixed by law in the United States at 15:1, which meant that one troy ounce of gold was worth 15 troy ounces of silver; a ratio of 15.5:1 was enacted in France in 1803."
With silver being consumed industrially while gold supply remains constant, it would be surprising for me to see silver not return to much higher valuations with respect to gold in the near, medium and short term.
If gold stays at $1500usd an oz (I beleive we will be breaking all time highs in the next few years) - a GSR of 60 puts us at $25 silver and a GSR of 40 puts us at $37.5 silver.
The upside remains very big here, in my opinion, and looks more attractive than gold for me.